Please note: According to the UK anti-money laundering laws, the name of the depositor by the above mentioned methods must exactly match the ETX Capital’s account holder. ETX Capital does not accept any form of Third-Party Funding. ETX Capital does not accept any remittance methods apart from those above, such as money orders, traveller’s checks or other forms of cash deposits.

Withdrawal Charges

ETX Capital will offer each client five withdrawals for any amount over GBP 100 within each calendar month without a processing fee. However, due to fees ETX incurs from banks in processing the withdrawals, clients who withdraw funds more than five times in a calendar month will incur a charge of GBP 10 for each subsequent withdrawal – clients will not be charged retrospectively for the previous five.

Clients should note for withdrawals after the fifth one that are below the GBP 100 level, they will only incur one processing fee.

Clients will not be charged any fees for making deposits.

Anti-Money Laundering Policy

ETX Capital fully cooperates with anti-money laundering and anti-terrorism legislation, including the reporting and freezing of suspicious assets. ETX Capital will regularly review account records for evidence of suspected money laundering transactions, including the monitoring of the following items: 1.) Account deposits and withdrawal records 2.) Wire/Bank Transfers 3.) Other acts in addition to normal business.

Inactivity Charge on Dormant Accounts

A monthly inactivity charge as shown in the table below will be deducted for a dormant account where funds are available. For this purpose, an account shall be considered dormant or inactive if there has been no other trading activity for a continuous period of 120 days or more.

Inactivity Charges Per Month

AED

90.00

INR

1,400

AUD

30.00

JPY

2750.00

CAD

30.00

KRW

25,000.00

CHF

20.00

MXN

350.00

CNH

140.00

NOK

180.00

CZK

550.00

NZD

30.00

DKK

150.00

PLN

85.00

EUR

20.00

RON

100.00

GBP

15.00

RUB

1,300.00

GRD

6,000.00

SEK

200.00

HKD

175.00

SGD

30.00

HRK

150.00

THB

750.00

HUF

6,500.00

TRY

60.00

IDR

300,000.00

TWD

700.00

ILS

90.00

USD

25.00

ZAR

300.00

The monthly inactivity charge will be deducted from a dormant account, until either (i) you recommence trading activity on the respective account, (ii) the balance of the account is reduced to zero, or (iii) the account is closed by you or ETX Capital.

Once the balance of a dormant account has reached zero, ETX Capital will not deduct further monthly inactivity charges from the dormant account. A dormant account will not incur a negative balance as a result of the deduction of the monthly inactivity charge. For the avoidance of doubt, the inactivity charge will be applied on a Client ID basis.

If you decide to reactivate your account by trading again, the inactivity charge for up to three (3) previous months where this has already been deducted will be refunded to your account.

​Based in London, ETX Capital also offers on the ground support in a number of different countries. If you have any specific questions, general queries or other feedback, please don't hesitate to get in touch.

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Monecor (London) Ltd is a member firm of the London Stock Exchange. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721. Please note: Binary Options are not a regulated product.

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